Local Businesses Market Uniqueness

Living in a small Midwest market I wonder sometimes how local businesses can survive when faced with the “big box” stores as well as a difficult economy. The only way I know is when a local businesses market uniqueness. They must decide what makes their local business stand out from all the outbound marketing efforts that these big box stores can unleash against them.

I know that the employees of the big box stores live, for the most  part, locally. I also know that the salaries paid these employees benefit the local tax base, However, the profits from these stores and the impact of their owners, don’t have an impact on the local market like it does through the “mom and pops” of a community.

So, how can the local businesses survive? How can they stand the onslaught of the “low price leader” ads? How can they compete with the corporate behemoths that can easily out spend them and out brand them?

I think that there are three things that local businesses can do:

1. They can market their history as they work to build for the future. People like to know that companies have local roots (even new businesses operated by long time residents). Remember though that this history may get someone in the store or to use your service once or twice, but with the history you must prove yourself to be forward thinking and service oriented.

2. They must market their ability to react swiftly to issues, problems, or mistakes. One of the things that local businesses have in their favor is that they are LOCAL. All of their customer service ought to promote this uniqueness.

3. They need to get involved in local causes and support other local businesses. As local businesses work to promote this kind of local involvement, others will join them and the “circle of life” will be complete a steady flow of business.

In my opinion, local is better, as long as local is capable, talented, and unique. So, the answer to local success comes when local businesses market uniqueness!

The Innovation of Being Yourself

I have been reading lots of blogs over the past few days. In all that reading I have come to a conclusion. If someone is going to be unique as a business owner, they need to be innovative and that innovation needs to be the innovation of being yourself.

So much of what I read has to do with my specialties (social media and inbound marketing) and, to be honest, most of the posts I read are reworked versions of all the other posts. I know that there are basic truths that make any business model work, but the most important part of your business success is innovation not understanding business basics.

I just saw a twitter post a few minutes ago that quoted Seth Godin. The post said, “Excellence means you are indispensable. At least right now, in this moment, there’s no one else I would choose but you.” (#linchpin) You see my twitter friend as we as Seth believe that you and your abilities are what make you indispensable (I agree with them both!).

All things being equal, you make your business unique, your continued growth in both knowledge and skills lead you to innovative changes that keep you the “thought leader” for you and your clients or customers.

So, as I have read all weekend long, be yourself. Make your business about how you can uniquely and innovatively provide your clients/customers what they cannot find anywhere but with you! This is what the innovation of being yourself really means.

What makes you special?

This question, (What makes you special?), should be a question that you are constantly asking yourself. If you have trouble identifying your uniqueness in the marketplace, then you will never really stick out to those potential new customers who are looking to buy your product or use your services. You will even have a tough time retaining your current customers and an even harder time getting those current clients to refer you to their family and friends.

So, when asking yourself the “what makes me special” question consider these things:

1. What is my specific area of expertise in my chosen industry? If you don’t have one then you might want to consider developing one. Specialists are most always able to command and receive higher income for their efforts.

2. Why do my current customers purchase/re-purchase from me? Knowing this can help you find your area of expertise!

3. What kinds of marketing/advertising bring in the most potential new customers to my business. There is an old adage in marketing/advertising that goes something like this, “Only have of my advertising efforts bring in new customers, the problem is I don’t know which half it is!” To be more successful, you have got to know which half it is and then eliminate the unproductive aspects of your marketing plan!

If you take time at least every quarter to consider the question, “What makes you special?” it will have a dramatic effect on your bottom line.

To your success ….